Venue Dubbed ‘Birthplace of Punk’ Chooses Bristol's Xledger as Finance Software System of Choice

Now hosting around 150 concerts and 120 commercial events each year, Roundhouse generates vast amounts of financial, business and attendee data with every event. With its previous finance software approaching ten years old, it became clear to Roundhouse finance department that its system had quickly become out of date, struggling to provide real-time reports and cross-team data sharing functionalities.

Alongside hosting world-class events since the 1970’s, the Camden Town-based venue also operates The Roundhouse Trust, which supports young people in the local community through an artistic programme.

With majority of the Trust funded from events revenue, it was vital for Roundhouse to provide its finance function with a system that could easily integrate with other business systems to provide a unified view of financial and operational data.

Xledger UK, the Bristol headquartered cloud-based finance software solution, became an obvious choice for Roundhouse due to its ability to offer core accounting functions, such as a purchase order system, alongside its more advanced reporting and integration capabilities within the wider organisation.

On the decision to partner with Xledger UK, Thalvin Punit-Chauhan, Head of Finance and Business Planning at Roundhouse said: “We chose Xledger as our finance software system because we needed something that could support the business now, and into the future.

“On top of providing us with a system that can support our core accounting needs, Xledger's vast array of features has provided our team with highly customisable reporting capabilities as well as the ability to be compliant with our SORP reporting.

“The Xledger team has given us a great deal of support and guidance on how we can integrate with our other systems, so they are all able to talk to each other and give the whole team the information we need to report on.”

An additional benefit of the Xledger software was its project accounting feature. With the ability to break down and analyse the success of a specific concert or event across one or many cost centres, The Roundhouse is able to drastically improve its revenue and cost allocations.

On the relationship between Xledger UK and Roundhouse, Robb Webb, Senior Business Development Manager at Xledger UK says, “It’s been great to watch Xledger continue to grow so organically within the Venues and Hospitality space. I feel really fortunate to have worked with Roundhouse, I’ve enjoyed the process from tender right through to implementation and we look forward to continuing our partnership.”

Xledger's extensive experience and refined digital transformation process, developed over nearly two decades, have established the company as a leader in the mid-market. With over 10,000 customers across 60 countries, Xledger has tailored its services to meet its clients' increasingly complex requirements.